Fast Market Research

Report Published: "World Cigarettes Lithuania"

Fast Market Research recommends "World Cigarettes Lithuania" from ERC, now available

Boston, MA -- (SBWIRE) -- 09/23/2014 -- World Cigarettes Lithuania focuses on the extent to which the market has evolved during the last twelve years in line with changing smoking habits in Lithuania, the competitive environment and economic developments. The end result is an accurate and objective interpretation of market trends (since 1990) and directions, assessing underlying currents of change and projecting the market scenarios of the future, providing forecasts to 2022.

Key Findings:

As is the case for its Baltic neighbours, duty paid cigarette consumption is currently well down (-63.2%) on 1990 levels. Non-duty paid consumption is high, accounting for 25.6% in 2012 although this is down on almost 40% in 2010.

The country is an important cigarette producer - thanks to PMI's investment - with output up at 18.8 billion pieces in 2012, 93% of which is exported. Despite this, imports have been growing strongly to reach 3.7 billion pieces in 2012, although there is substantial re?export activity. Expectedly, PMI leads the market with 54% although this is well down on 84% in 2001 with its main competition coming from JTI and BAT.

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